JCPenney (JCPNQ) , the once venerable department store chain, is teaming up with Sparc Group, which owns Forever 21 and ...
JCPenney's operations turned profitable in the third quarter, despite a dip in sales volume. In financial filings this week, Penney's cited progress cutting costs as well as building momentum from ...
JCPenney and SPARC Group have joined forces, combining to create a new organization known as Catalyst Brands. The news came ...
In January, Newmark plans to market a retail portfolio of 120 JCPenney locations in 34 states, according to CoStar. The three ...
But given its ongoing sales declines, questions about its prospects remain. “While JCPenney has more time and breathing space because of its ownership structure, it is still important for ...
POSTSCRIPT: JC Penney will report 2023 sales and earnings in May 2024. In the third quarter of 2023 the company had an operating loss of $30 million compared to an operating loss of $17 million a ...